Completion of Takeover Offer and Change of Directors

NZX/ASX Announcement
1 April 2019


Completion of Takeover Offer and Change of Directors


Completion
On 10 December 2018, Finaccess Capital, S.A. de C.V. (“Finaccess Capital”), through its
subsidiary Global Valar S.L., made a partial takeover offer for up to 75% of Restaurant
Brands New Zealand Limited’s (NZX/ASX: RBD, “Restaurant Brands”) shares at NZ$9.45
cash per share (the “Partial Takeover”).

The Partial Takeover closed at 11.59pm on 26 March 2019. Finaccess Capital has informed
Restaurant Brands that it has today paid shareholders for shares taken up under the Partial
Takeover. As a result, Global Valar S.L. is now the holder of 75% of Restaurant Brands’
shares.

Change of Directors
The Board of Restaurant Brands has today appointed Jose Pares Gutierrez and Emilio
Fullaondo Botella as directors. As required by the NZX Listing Rules, Jose and Emilio will
each stand for re-election at Restaurant Brands’ next annual meeting of shareholders.

Following the appointment of Jose and Emilio, Stephen Copulos, Vicky Taylor and David
Beguely resigned as directors. The Board wishes to thank each of them for their service as
directors of the company, and for their dedication to maximising value for shareholders.

Ted van Arkel and Hamish Stevens will each remain on the Board as independent directors,
and Ted van Arkel will continue as chairman, until Restaurant Brands’ next annual meeting
of shareholders on 10 July 2019. Both intend to retire as directors at the conclusion of that
meeting.

Director Profile - Jose Pares Gutierrez
Jose is the Chief Executive Officer of Global Valar S.L. and its parent, Finaccess Capital. He
is also the Chairman of the Board and a Proprietary Director of AmRest Holdings SE, the
Director of the Board of Crown Imports, Chicago, Il, the Vice Chairman of the Board of MMI,
Toronto, Canada, Director of the Board of DIFA, Mexico and former member of the Beer
Chamber of Mexico.

Previously, Jose worked for 19 years at Grupo Modelo (Mexico), in various positions,
including as the Vice President of Marketing and Sales International where he oversaw
growth of Grupo Modelo’s annual revenues from USD1 billion to USD3 billion.

Jose graduated from Universidad Panamericana, Mexico (Business and Finance) and
completed his MBA at ITAM, Mexico as well as the Business D-1 Program at IPADE, Mexico
and Executive Programme at Wharton, San Francisco.

The Board has determined that Jose is not an independent director for the purposes of the
NZX Listing Rules.


RESTAURANT BRANDS NEW ZEALAND LIMITED

Director Profile - Emilio Fullaondo Botella
Emilio is a senior executive with over 23 years of experience in the beer industry. Emilio
worked in a number of finance roles for Grupo Modelo, including four years as Chief
Financial Officer. Following the acquisition of Grupo Modelo by AB InBev in 2013, Emilio
oversaw significant cultural and organisational changes at AB InBev (Mexico) as Vice
President, Human Resources (to 2017) and Vice President, Projects until his resignation in
January 2019.

Emilio graduated from ITAM, Mexico (Public Accountant) and completed his MBA at the
same institution as well as the Executive Management (AD) Program at IPADE, Mexico.

The Board has determined that Emilio is an independent director for the purposes of the
NZX Listing Rules.

Ends


For more information regarding Restaurant Brands

Please contact: Grant Ellis
Company Secretary
+64 9 525 8700

Russel Creedy
Chief Executive Officer
+64 9 525 8700


For more information regarding Finaccess Capital

Please contact:

Begoña Orgambide
Director of Investor Relations
+52 55 5540 2527 (ext. 1152)

Geoff Senescall
PR Adviser
+64 21 481234


About Restaurant Brands

Restaurant Brands is a corporate franchisee and specialises in managing multi-site branded
food retail chains. Listed on the NZX and the ASX, Restaurant Brands has annual sales of
c.NZ$740 million. As of February 2018, Restaurant Brands had 314 stores: 94 KFC New
Zealand, 61 KFC Australia, 36 Pizza Hut New Zealand, 22 Starbucks (which Restaurant
Brands sold on 23 October 2018), 19 Carl's Jr., 37 Taco Bell Hawaii and 45 Pizza Hut
Hawaii stores. It employs more than 9,000 staff across New Zealand, Australia and Hawaii
and serves 120,000 customers worldwide every day.

www.restaurantbrands.co.nz

About Finaccess Capital
Finaccess Capital is a growing company with a strong presence in the casual dining and
quick service restaurant sector, as well as in the real estate business, in close to 20
countries in Europe and Asia. The company supports strong brands in attractive markets,
working to maximise their potential and create value with a uniquely long-term horizon, while
leveraging its expertise to contribute to their operations. Finaccess Capital’s current major
investments in public companies include a controlling interest in AmRest, a European casual
dining and quick service restaurant operator, and a minority interest in Inmobiliaria Colonial,
a Spanish real estate business.

Finaccess Capital is part of Grupo Finaccess, which includes several other companies and
holds assets in Mexico, the US, Europe and Asia, offering a unique portfolio of financial,
operative, and investment services to a diverse client base.


www.grupofinaccess.com